AIR Worldwide and Lloyd's Report

 

Hidden Vulnerabilities in Supply Chain Risk: A Quantitative Risk Modelling Framework

As supply chains have evolved and become more complex, insuring interconnected business interruption risks has grown more challenging. This new report, co-produced by Lloyd’s and AIR Worldwide, describes a novel approach to help risk managers and insurers close the protection gap before the next catastrophic supply chain disruption occurs.

“With increasing globalization and complex supply chains, it is important for corporations and the insurance industry to use advanced analytics to develop a holistic view of risk to identify pockets of risk that are otherwise not obvious and visible,” said Dr. Jayanta Guin, Executive Vice President & Chief Research Officer at AIR Worldwide. “We’re pleased that Lloyd’s has supported this critical study on interconnected risks.”

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